Can I retire at age 72 with 4,400,000?

Use the below retirement simulation to view the chances of a successful retirement.
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $4,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$363,348$360,111$356,954$353,872$350,862$345,905
2 years$179,875$176,525$173,278$170,131$167,077$162,092
3 years$118,726$115,361$112,123$109,004$106,001$101,143
4 years$88,157$84,803$81,597$78,531$75,601$70,908
5 years$69,820$66,486$63,322$60,320$57,470$52,956
6 years$57,600$54,291$51,174$48,238$45,474$41,144
7 years$48,875$45,594$42,526$39,659$36,983$32,838
8 years$42,334$39,082$36,065$33,269$30,681$26,721
9 years$37,249$34,028$31,063$28,338$25,838$22,060
10 years$33,183$29,994$27,081$24,428$22,015$18,418
11 years$29,859$26,702$23,842$21,259$18,934$15,513
12 years$27,091$23,966$21,159$18,647$16,407$13,159
13 years$24,751$21,658$18,904$16,463$14,308$11,228
14 years$22,746$19,687$16,986$14,614$12,542$9,626
15 years$21,011$17,984$15,336$13,033$11,043$8,285
16 years$19,494$16,500$13,904$11,670$9,760$7,155
17 years$18,156$15,196$12,652$10,485$8,654$6,196
18 years$16,969$14,042$11,550$9,449$7,694$5,379
19 years$15,908$13,014$10,573$8,538$6,858$4,679
20 years$14,954$12,093$9,704$7,733$6,126$4,078
21 years$14,092$11,264$8,925$7,018$5,482$3,559
22 years$13,310$10,515$8,226$6,381$4,914$3,110
23 years$12,597$9,834$7,595$5,811$4,411$2,721
24 years$11,944$9,214$7,024$5,300$3,965$2,383
25 years$11,344$8,647$6,506$4,841$3,568$2,089
26 years$10,791$8,127$6,034$4,426$3,214$1,832
27 years$10,280$7,648$5,603$4,051$2,897$1,608
28 years$9,807$7,207$5,209$3,712$2,614$1,412
29 years$9,367$6,799$4,847$3,404$2,361$1,241
30 years$8,956$6,421$4,515$3,124$2,133$1,091
31 years$8,574$6,070$4,209$2,869$1,928$959
32 years$8,216$5,743$3,927$2,637$1,744$844
33 years$7,880$5,439$3,667$2,425$1,579$743
34 years$7,564$5,155$3,426$2,231$1,429$654
35 years$7,268$4,889$3,203$2,054$1,295$575
36 years$6,988$4,641$2,997$1,891$1,173$507
37 years$6,724$4,408$2,805$1,743$1,063$446
38 years$6,475$4,189$2,627$1,606$964$393
39 years$6,239$3,983$2,461$1,481$874$346
40 years$6,015$3,790$2,306$1,366$793$305
41 years$5,803$3,607$2,163$1,260$719$269
42 years$5,602$3,436$2,029$1,163$653$237
43 years$5,410$3,273$1,904$1,074$592$209
44 years$5,228$3,120$1,787$991$538$184
45 years$5,054$2,975$1,678$916$488$162
46 years$4,888$2,838$1,576$846$443$143
47 years$4,730$2,709$1,481$781$402$126
48 years$4,579$2,586$1,391$722$365$111
49 years$4,434$2,469$1,308$667$332$98
50 years$4,296$2,359$1,229$617$301$86

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $4,400,000, adding $5,486 every year, while hoping to spend $46,347 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 65/23/12 Blend
71$4,400,000$4,400,000$4,400,000$4,400,000
72$4,854,459$4,621,259$4,553,059$5,156,429
73$5,300,301$4,798,388$4,656,273$5,535,807
74$5,790,065$4,982,642$4,761,392$5,944,244
75$6,328,183$5,174,323$4,868,431$6,389,350
76$6,919,537$5,373,744$4,977,402$6,874,701
77$7,569,504$5,581,231$5,088,319$7,404,227
78$8,284,008$5,797,127$5,201,193$7,982,258
79$9,069,579$6,021,788$5,316,034$8,613,557
80$9,933,406$6,255,586$5,432,852$9,303,365
81$10,883,414$6,498,910$5,551,653$10,057,454
82$11,928,332$6,752,166$5,672,443$10,882,175
83$13,077,778$7,015,779$5,795,226$11,784,520
84$14,342,349$7,290,190$5,920,004$12,772,187
85$15,733,722$7,575,862$6,046,777$13,853,652
86$17,264,761$7,873,279$6,175,543$15,038,247
87$18,949,641$8,182,944$6,306,299$16,336,245
88$20,803,981$8,505,385$6,439,036$17,758,962
89$22,844,991$8,841,152$6,573,747$19,318,856
90$25,091,632$9,190,820$6,710,420$21,029,648
91$27,564,798$9,554,991$6,849,039$22,906,447
92$30,287,513$9,934,291$6,989,587$24,965,893
93$33,285,144$10,329,376$7,132,043$27,226,315
94$36,585,646$10,740,932$7,276,384$29,707,897
95$40,219,819$11,169,675$7,422,580$32,432,873
96$44,221,605$11,616,354$7,570,601$35,425,730
97$48,628,403$12,081,749$7,720,410$38,713,443
98$53,481,424$12,566,679$7,871,968$42,325,725
99$58,826,081$13,071,998$8,025,230$46,295,303
100$64,712,413$13,598,598$8,180,148$50,658,233